Ty Wesley
Paying My Rent With A Check
An older friend of mine recently told me that me paying my rent every month with a personal check instead of a money order will have a positive effect on my credit. Anyone ever heard of this??
Account Closed
How do I calculate my capital gain?
I’m closing on the sale of a duplex on Friday, and I’m trying to figure out how much I will need to set aside for capital gains taxes. How do I figure out my cost basis? What expenses raise my cost basis? For example ...
Taurice Cooper
refi, first mortgage???? What Are my options??
Hypothetically speaking.....I obtain private funds to acquire a property and make repairs and improvements. Improvements are complete and a tenant is placed with 6 months of acquisition. I am obligated to pay my priva...
Gary Threadgill
Advice
Hey BP,
I am 22 and new to real estate investing I Have read a couple of forums on investing and am looking to get my feet wet.
any advice on where i should start? I don't have much money and not so ...
Rj Sayler
Single Family Fiscal Year 2023 Capitalizing vs Deducting
Looking for a little help on the schedule E for Fiscal Year 2023. I and a partner are trying to figure out this best way to handle taxes for 2023. 3 units are being renovated currently, how do we know what cost should...
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Bad Hoods
Hey guys, need some insight on this.. There are several homes in my area, around $15,000-$30,000.. But they are in crap neighbor hoods.. Is this a gold mine, or not.. It seems no-one wants to do anything with thes...
Erica Calella
Handling 1st Unfavorable Guest Review
This week I received my first negative review from a guest.
I understand that this is part of the business, but I'm just wondering what coping mechanisms does everyone revert to when this happens? Do the airbnb revie...
Tom Cramblit
FHA 20% Equity Refinance
Looking for some clarity to refinancing to eliminate the PMI on my FHA loan. I've talked to bankers and they have told me that once I have 20% equity I can refinance and the PMI payment will be done. My main question ...
Account Closed
Changed conditions on offer - homicide on property?
Hi all, I submitted my first offer for an investment triplex in a developing area of Hamilton, ON (Barton Village). The area is still on the rough=ish side, but doesn't look too bad. I've only been there once.Anyway, ...
Kayla Hicks
Preservation improvements Alabama
Hi all!! I am in Alabama and was wondering if someone come give me examples of said “preservation improvements”. We recently acquired a tax certificate on an unoccupied condo. Upon entering the property, we have found...